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PayPal Considers Launching Its Own Cryptocurrency, ‘PayPal Coin’

Coindesk has confirmed that PayPal (PYPL) is ready to launch its stablecoin as it tries to flex its muscles in the cryptocurrency market. PayPal subsidiary Curv has been laying the groundwork for the stablecoin launch since September. Bloomberg first reported that PayPal is exploring the possibility of launching its own stablecoin. The stablecoin details were…